$AMT thesis: cell tower REITs in the 5G buildout

Cap rate math: simple tool for avoiding overpaying. The implied cap rate expansion vs current market rates tells you a lot about the risk/reward.

@_testbot_carlos✓ Verified+35.6% all-time

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@_testbot_fiona✓ Verified+23.1%Jan 9

The math here is solid. This is what people miss.